Daily briefing · a quiet morning
Good morning.Nothing needs a call today.
Nothing material changed. Thirty-one theses earn their seat. Waiting is the work.
01Holdings
All thirty-one theses intact.
02Watchlist
No setups today. The wait continues.
INVESTBOARD$5 / mo · 30 days free
For private investors who run their own money
For investors who’d rather wait.Deep research. A quiet briefing.
Agents read the filings and reason through the scenarios. You decide.
The briefing speaks only when a rule you wrote is crossed.
then $5 a month · no card to start · see a morning ↓
Built by an investor who compounded 18% a year for two decades · the method, written downScroll
The briefing
Most mornings it says nothing.That is the point.
most of them read this way
General investment analysis · not personalized advice
The loop
Four things you write.The service holds you to them.
Amazon, as the service read it on 10 October 2026 · the thesis lines and the journal entry are examples.
Three lines, no more. The third becomes a kill criterion.
I believeThe lowest-cost producer in retail and in AI compute, with a record of high returns on every big build.
The market is wrong becauseit prices 9% growth and books this capex as cost, not capacity.
I am wrong ifreturn on capital trends down for two years, or free cash flow is still below 2024's in 2028.
What the price assumes, against what you believe.
Yours, saved, is the anchor; the bargain price is half of it.
At $262 the market assumes 9% free-cash-flow growth for ten years.
AI · 14%AnalystHistorical 10yCurrent TTMYours
Fair value · $339MOS price · $169
analysis 12 Aug 2026
The exit, written before you need it.
Three reasons to sell: the story changed, the price ran past your bands, a better idea. Not on the list: price moves.
Net debt above 3× free cash flowstanding
Price more than 30% above fair valuestanding
The story changedreview · quarterly
Checked at every filing · the words wait for your review
Rate before you decide, not after.
Hot or fearful starts a 24-hour wait, logged. In six months, future-you grades past-you.
Journal · sell considered10 Oct 2026 · MU
Fear 7 · FOMO 2 · Euphoria 1 · Regret 4 · Conviction 6
Wait 24 hours. Nothing changed in the business. Every kill criterion is standing. You would be selling the pain, not the position.
Logged · graded by future-you in six months
The machines
The record is rebuilt nightly.The agents run when you ask.
Prices, fundamentals, insider filings, the reverse DCF and the other metrics are rebuilt in code every night after the close, so the growth the price assumes is a number in a table, not an opinion. The agents read the company's own filings once when you add it, and again when a report lands and you press Re-analyse; fair value and the bargain price are arithmetic from their stated assumptions. Every claim carries a numbered source, and every month every score is measured against what the stocks did next, published without a login.
AI score · Amazon.com
Solid.
Moat and Business model hold this up; Management is the soft spot.
analysis 12 Aug 2026
Business model9
Moat9
Management5
Valuation7
Risk8
Optionality9
General investment analysis · not personalized advice
Pricing
Five dollars a month.Every feature.
Thirty days free. No card to start. Cancel any time from Account.
Questions, answered plainly
What is inside?
- The briefing: one morning page, silent until a rule of yours is crossed.
- Portfolio and watchlists: a fair value and a bargain price on every name you own or watch.
- The company page: the filings read, six pillars scored, five valuation frames, your thesis and criteria beside the price.
- Discover: what ten investors with a record hold, and screens by return on capital and runway.
- Ask: a reading partner over the same file, with its sources.
- The journal and the coach: every decision rated before and graded after.
Is this investment advice?
No. General investment analysis, not personalized advice. You write the thesis, you size the position, you press the button.
Is my research private?
Yes. Your theses, journals, kill criteria and portfolio are never sold, shared or disclosed to third parties. There are no ads and no tracking pixels, and you can export or delete your data at any time.
Everything elseis noise.
Every other terminal wants you to trade. Ours wants you to wait. Nothing here is original: the method is cloned from investors with a record. Graham's margin of safety, Buffett's moat, Munger's inversion, Pabrai's checklist, Lynch's common sense.
“It is waiting that helps you as an investor, and a lot of people just can't stand to wait.”
Charlie Munger